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it's an energy security or national security issue. being self-sufficient n control of our own destiny has a lot of value. so, you don't want to be married to saudi arabia and worried about the middle east and nigeria and syria and all over the world. i don't agree oil will be an $80 or $85 commodity. i predict $125 for brent crude by 2035. delta of maybe $18 to $20. wti trading north of $100. that makes a lot of economic incentive to keep on drilling. but i think what it also keeps is $3.50 gasoline price. a lot of folks ask me, when is $2 gas coming back? i don't think it is. what we haven't talked a lot about is natural gas and the impact natural gas can have, in addition to be sufficient on oil production, natural gas the supply glut we have, we can displace coal, tuesday for transportation, l&g it to asia and europe. it's creating a manufacturing renaissance. we're bringing jobs and companies back to america who want to use natural gas as a feed stock. we're on the right track. the linchpin reallily is access to federal lands and
it's an energy security or national security issue. being self-sufficient n control of our own destiny has a lot of value. so, you don't want to be married to saudi arabia and worried about the middle east and nigeria and syria and all over the world. i don't agree oil will be an $80 or $85 commodity. i predict $125 for brent crude by 2035. delta of maybe $18 to $20. wti trading north of $100. that makes a lot of economic incentive to keep on drilling. but i think what it also keeps is $3.50...
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Nov 14, 2012
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>> well, always in crude oil and energy of any kind. it's always geopolitics. i think it's important to understand, this is hamas, israel. this is not iraq. this is not iran. this is not saudi arabia. this is over on -- near the sinai. very little crude oil involved there. in the past if you had crude oil in a bull market, this kind of news would have sent crude up $3. we're struggling to get over 85 cents at this point. as i said earlier, i think you sell into it. i don't think you buy this news. if you can only rally 85 cents on west texas. yes, i understand brent is up $1.56 but brent has been gaining on wti for a long period of time. i don't put a lot of credence in that. in the past, this kind of news would have sent crude up $3. >> coming up, places to put your money as the fiscal cliff looms. and places you might not expect. and president obama likely to get a lot of questions about the economy and the cliff at today's news conference. we'll bring it to you live when it starts around 1:30 eastern. our special coverage begins at the top of the hour at 1:0
>> well, always in crude oil and energy of any kind. it's always geopolitics. i think it's important to understand, this is hamas, israel. this is not iraq. this is not iran. this is not saudi arabia. this is over on -- near the sinai. very little crude oil involved there. in the past if you had crude oil in a bull market, this kind of news would have sent crude up $3. we're struggling to get over 85 cents at this point. as i said earlier, i think you sell into it. i don't think you buy...
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Nov 13, 2012
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to the energy group, he represents support of alternative energy, which in turn is bad for the oil and gas companies. with regard to technology, more regular arelation and financials could mean that private equity and venture capital firms suffer a bit. thus, tech would too. the groups that lost the least, consumer tapes, health care, and telecom, health care stocks include the hospitals. those could see a bit of a benefit when obamacare comes into play. some investors hoping that with the election behind us, we're going to see some green. with the threat of the fiscal cliff, many are expecting red as we approach the end of the year. back over to you. >> all right, jack. thanks very much. don't go anywhere. a trio of exclusive interviews kicking off the next hour of the "closing bell." >>> coming up, maria means business. cisco ceo john chambers talks exclusively about earnings and how the looming fiscal cliff is affecting his company's bottom line. >>> then, in another exclusive, nyse chief duncan niederauer talks to maria about how he's addressing another trading glitch that affected
to the energy group, he represents support of alternative energy, which in turn is bad for the oil and gas companies. with regard to technology, more regular arelation and financials could mean that private equity and venture capital firms suffer a bit. thus, tech would too. the groups that lost the least, consumer tapes, health care, and telecom, health care stocks include the hospitals. those could see a bit of a benefit when obamacare comes into play. some investors hoping that with the...
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Nov 12, 2012
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this is the international energy agency. so becoming a net exporter. joining us is tom bergen at reuters. if that forecast is right, how does that change the politics of oil? >> good morning, ross. yes, that's a prediction now that a lot of analysts have been making over recent months. so it's a pretty broad view that the u.s. will by the end of the decade potentially become the biggest oil producer in the world. there are also predictions that just factory and other things like energy efficiency, basically cut it reliance on on oil imported from outside from immediate neighbors mexico and canada almost to nothing. and if america is not emporting as much oil as it does currently, perhaps for energy to be such a focal point of its foreign policy won't be so large. and already you have exactly within the oil and gas industry pushing the case for shale on the basis that it would save the country a lot of money on overseas military expenditure. >> if you take in that oil, shale gas together, how much is that revolutionizing the american economy and also th
this is the international energy agency. so becoming a net exporter. joining us is tom bergen at reuters. if that forecast is right, how does that change the politics of oil? >> good morning, ross. yes, that's a prediction now that a lot of analysts have been making over recent months. so it's a pretty broad view that the u.s. will by the end of the decade potentially become the biggest oil producer in the world. there are also predictions that just factory and other things like energy...
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Nov 19, 2012
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energy plays led the rally on ohio oil prices. elsewhere south korean shares snapped a between day losing streak helped by technology stocks and also ship builders. in us a take i can't, commodity plays lent support to the asx 200. talks of a leverage buyout plan. sensex now trading louisa, back to you. >>> the spanish bad loans according to reuters, now at the 10.7% during the month of september versus 10.5% seen in august. so according to the bank of spain, we're seeing that figure just creeping up just by a tad. now, in the u.s., a slightly grimmer picture. major u.s. indices have fallen by 5% since the election day. this month already stacking up to be the worst november for the dow and the s&p 500, ninth worst november since 1973. so it's been pretty dismal trade if you're an equity holder. hi, charles. we talk about this and we're looking at a bounce in europe this morning. do we think the grimness will continue? >> i think the equity markets, they couldn't really believe bond the election until it was out of the way. you ha
energy plays led the rally on ohio oil prices. elsewhere south korean shares snapped a between day losing streak helped by technology stocks and also ship builders. in us a take i can't, commodity plays lent support to the asx 200. talks of a leverage buyout plan. sensex now trading louisa, back to you. >>> the spanish bad loans according to reuters, now at the 10.7% during the month of september versus 10.5% seen in august. so according to the bank of spain, we're seeing that figure...
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Nov 15, 2012
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strip out food and energy up 0.2. empire manufacturing down 5.22, that comes after an unrevised minus 6.16, but not as bad as minus 8 to 9 that we were looking for. jobless claims, oh my goodness can this be right? there may be some distortions, it walloped up to 439,000 from 361,000, so i am sure there's a story behind that, and continuing claims not to be outdone, had a market jumped, originally released and revised up to 3.16 and now they stand at 3.334 million. so these numbers obviously affected by something whether it's storms or whether it's other issues, we'll of course look towards some of the guidance that we get. if we look towards the market the guidance is the equities look like they'll come in lower for another day. we see interest rates, well, they're a smidge higher than the sub 60 level from yesterday and maybe the biggest story of the day today is recession in europe again? i don't know why that's a big story. the bigger story would be if there wasn't one. >> that is a great oint. we haven't talked a
strip out food and energy up 0.2. empire manufacturing down 5.22, that comes after an unrevised minus 6.16, but not as bad as minus 8 to 9 that we were looking for. jobless claims, oh my goodness can this be right? there may be some distortions, it walloped up to 439,000 from 361,000, so i am sure there's a story behind that, and continuing claims not to be outdone, had a market jumped, originally released and revised up to 3.16 and now they stand at 3.334 million. so these numbers obviously...
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Nov 19, 2012
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that facilitates energy efficiency and renewable energy, cleaner energy in the future. >> you know, it's interesting, because i think we all want to be energy-independent. we want -- we know this country is rich in natural gas. but for the most part, people don't want it in my backyard and yet ge ceo jack with welsh compared it to the internet boom with job pro portion and increases. how do you balance it, the potential economic boom we could see of fracking, with the environmental impact? >> well, look. the economic advantages are obvious. we've created hundreds of thousands of jobs, because of cheap natural gas, electricity prices are low because of abundant and cheap natural gas. but the environmental impacts, if you go to the communities where this gas is being produced, are also obvious. i visited, maria, south of pittsburgh, a little town called washington with a woman who told me she had had to abandon her family farm because of the fumes from a neighboring well made her kids sick. she was living out of her car. so we need to put in place the strong rules to allow us to do the fra
that facilitates energy efficiency and renewable energy, cleaner energy in the future. >> you know, it's interesting, because i think we all want to be energy-independent. we want -- we know this country is rich in natural gas. but for the most part, people don't want it in my backyard and yet ge ceo jack with welsh compared it to the internet boom with job pro portion and increases. how do you balance it, the potential economic boom we could see of fracking, with the environmental...
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Nov 12, 2012
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we'll be talking about america's crucial and plentiful energy source. natural gas, fracking, and the environment. each week keep it here where wall street meets main street. have a great week, everybody. see you next weekend.
we'll be talking about america's crucial and plentiful energy source. natural gas, fracking, and the environment. each week keep it here where wall street meets main street. have a great week, everybody. see you next weekend.
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Nov 13, 2012
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according to the international energy agency, the u.s. will overtake saudi arabia as the world's largest oil producer that before the year 2020. but -- don't get your hopes completely up as the epa could block this fantastic market-driven advance. nobody better to talk about it is john hofmeister. john, it is a pleasure to have you here. now, is it credible, first of all the report, we will overtake the saudis? >> report is credible. the iea is smart, good analysts. we have the reserves, no question we have the reserves. in the ground today. number two, we have the technology to get the reserves out of the ground. and number three, we have the money to pay for it. >> right. >> capital exists. >> will the capital be spent? i want to go back. i want to backtrack because i know you are so good at this. with you l the capital be -- so far it has been invested. is that fair? >> it has been invested on private lands, private property owners giving up mineral rights under state permits but something is about to change. that everybody needs to be
according to the international energy agency, the u.s. will overtake saudi arabia as the world's largest oil producer that before the year 2020. but -- don't get your hopes completely up as the epa could block this fantastic market-driven advance. nobody better to talk about it is john hofmeister. john, it is a pleasure to have you here. now, is it credible, first of all the report, we will overtake the saudis? >> report is credible. the iea is smart, good analysts. we have the reserves,...
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Nov 14, 2012
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abundant energy. i thought we should look at clean energy that would benefit. markwest, this is a company that has a price above where they did secondary. look at the "wall street journal" word on the street. they say that maybe mlps have been oversold. if we're going to drill in this country for more energy, i like to think of halliburton down to 30. some people will say weatherford upgraded by a number of people and then let's not forget chesapeake. they came out this morning in a piece last night said we're more nat gas than i would like to be in ohio. when i spent time in ohio, 80% of what we put out on rigs is nat gas. you need the markwest pipeline to take natural gas to chesapeake to bring it to the east or to give it to clean energy fuels and in order to be able to drill oil, that's halliburton. that's the family of names that i'm focused on. >> does it extend to larger cap names? some say that ge is well positioned here. >> i spent time talking about how big ge can be in this industry. we read in a piece in "the wall street journal" that ge teamed up w
abundant energy. i thought we should look at clean energy that would benefit. markwest, this is a company that has a price above where they did secondary. look at the "wall street journal" word on the street. they say that maybe mlps have been oversold. if we're going to drill in this country for more energy, i like to think of halliburton down to 30. some people will say weatherford upgraded by a number of people and then let's not forget chesapeake. they came out this morning in a...
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Nov 13, 2012
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the energy information administration today saying that by 2017 or so, we will be an exporter of natural gas. this on top of what the international energy agency has said about natural gas and the fact we're continuing to grow here with our supplies. back to you. >> all right. thanks so much, sharon. of course, stocks not able to hold on to early gains today. the market is lower right now. look at this. this market is down about 3%, just over 3% since last week's presidential election. many believe it's mainly on worries about looming fiscal cliff. >> here to help us break down the trading day, mark freeman and bob posani. what do you think? do you think we get a resolution in the fiscal cliff that will please the market? everybody believes we're going to get something. will it please the market? >> i think that's a great point. to a certain degree, i'm wondering if we're too fixated on what the details will be as opposed to saying, look, do we get an agreement? when we look at it from the market, that's what's most important to the market. just tell us what the rules are going to be. te
the energy information administration today saying that by 2017 or so, we will be an exporter of natural gas. this on top of what the international energy agency has said about natural gas and the fact we're continuing to grow here with our supplies. back to you. >> all right. thanks so much, sharon. of course, stocks not able to hold on to early gains today. the market is lower right now. look at this. this market is down about 3%, just over 3% since last week's presidential election....
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Nov 19, 2012
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domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock international is teaming up with yoko ono. and why hunger for the imagine there's no hunger campaign. horn $4.5 would million has been raised during the past five years and the president and ce off of the hard rock cafe has been very involved in this. tell us a little bit it. >> thanks for having me. this is a ram we've beprogram w running for many years. there are a billion people beneath poverty and hunger level in the world. and the program really is a program that enjoins why hunger, yoko ono and ourselves and we encourage our staff and our customers to basically provide funding around this holiday season so that we can divert the -- >> so if i eat at a cafe or one of your hotels, you're hitting me up for money where? >> basically as you're paying your check, we'll ask if you want to makee donation and buy bracelet or t-shirt. >> how much are you hoping to raise? >> hopefully over a million this year. we've raised over a million each the p
domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock international is teaming up with yoko ono. and why hunger for the imagine there's no hunger campaign. horn $4.5 would million has been raised during the past five years and the president and ce off of the hard rock cafe has been very involved in this. tell us a little bit it. >> thanks for having me. this is a ram we've beprogram w running for many years. there are a billion people...
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Nov 12, 2012
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we will be energy independent far faster than the iea thinks it will happen. i think in north america no later than 2020 i think energy independent in the united states. >> having the ability to do it and doing it are different things. >> we are doing it. take a look at what is happening in north dakota. we know it on the desks. we are here on the street. the people in america don't realize what has happened. you have gone from 100,000 barrels to 6,000 barrels this year. north dakota it went past california. it is soon going to go past texas and they rp only getting started. i think they are only just beginning. i think the iea was way too long in the anticipation. >> traders are saying if we get there as quickly as you say that doesn't mean a good story for the u.s. consumer as we are seeing with what is happening with gas prices. until we see new refineries and the infrastructure to go along with the drilling we can produce all the oil we want. >> that's the big question. we need to be an exporter of crude oil because we don't have the refining capabilities.
we will be energy independent far faster than the iea thinks it will happen. i think in north america no later than 2020 i think energy independent in the united states. >> having the ability to do it and doing it are different things. >> we are doing it. take a look at what is happening in north dakota. we know it on the desks. we are here on the street. the people in america don't realize what has happened. you have gone from 100,000 barrels to 6,000 barrels this year. north...
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Nov 16, 2012
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he says big election issues will be energy and economy. we may hear more from him with regard to stimulus or the election. if we do, we'll bring you that news when we get it. >>> now to gaza. the prime minister has arrived following two days of air strikes in which 19 palestinians and three israelis have reportedly been killed so far. joining us now from tel aviv where we know rockets landed nearby last night is martin fletcher. the fact that the rocket has the range capacity seems to be raising eyebrows. >> reporter: it handed pretty close. one landed in the sea and two more landed in other areas in open fields. didn't do any damage. but the symbolism is great because one of israel's key goals have been to destroy the long range capability of has mass. so the fact that after hundreds of israeli raids and strikes against those rocket centers hamas was able to launch rockets at tel aviv which nearly hit, that's a main success for hamas. >> you can talk about the visit by the prime minister and there was continued violence during the period?
he says big election issues will be energy and economy. we may hear more from him with regard to stimulus or the election. if we do, we'll bring you that news when we get it. >>> now to gaza. the prime minister has arrived following two days of air strikes in which 19 palestinians and three israelis have reportedly been killed so far. joining us now from tel aviv where we know rockets landed nearby last night is martin fletcher. the fact that the rocket has the range capacity seems to...
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Nov 14, 2012
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will be energy independent. instead of spending about a billion dollars a day we would be able to get the money at home. that will strengthen the economy and create more jobs and improve our competitive position. it will have a budget impact. but most budgets are looking at a five-year window. very there we go beyond five years. the vast majority of the time is a five-year window. you do not get adopts much help the first five. it has enormous implications when you go to the second 10 years and the third 10 years. a bit ofnow, we've got very good news that will give a lift to the american economy and really improve our competitive position in the world. that of a terrific thing. we are lucky to have it. >> i think on optimism -- the third question, the audience was pretty much split down the middle, optimistic and not over the next 12 months. if you could just wait for a second i will ask editor in chief robert thompson for closing the mont -- remarks. >> thank you for closing on an optimistic note. one of the f
will be energy independent. instead of spending about a billion dollars a day we would be able to get the money at home. that will strengthen the economy and create more jobs and improve our competitive position. it will have a budget impact. but most budgets are looking at a five-year window. very there we go beyond five years. the vast majority of the time is a five-year window. you do not get adopts much help the first five. it has enormous implications when you go to the second 10 years and...
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Nov 12, 2012
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energy landscape. the international energy agency is saying that the u.s. will become the top oil producer in the world by 2020. surpassing saudi arabia, surpassing russia and it's going to do this with the focus that we've had and the growing support of the north american fracking industry. that's really going to help to bring us to that nearly 10 million barrels per day which is what saudi arabia is producing right now. we are looking at these numbers also as an indication that as the u.s. continues to produce more oil and as we continue to consume less oil in our transportation sector with the fuel efficiency standards set in place, it's likely the u.s. will become self-sufficient for oil needs by 2035. that's another prediction by the international energy agency. this is a huge prediction on their part. they haven't made a prediction like this in the past. it has a lot to do with self-sufficiency in the u.s. story coming from environment moves that have been made perhaps under the obama administration as the chief economist pointed out in a press confer
energy landscape. the international energy agency is saying that the u.s. will become the top oil producer in the world by 2020. surpassing saudi arabia, surpassing russia and it's going to do this with the focus that we've had and the growing support of the north american fracking industry. that's really going to help to bring us to that nearly 10 million barrels per day which is what saudi arabia is producing right now. we are looking at these numbers also as an indication that as the u.s....
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Nov 13, 2012
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periods is signs of global demand growth and we're seeing that very visibly from petrol price and other energy price increases. but to a certain extent as well, the food price increases which we're beginning to see, and likely to see more of reflect changinged food presences, increasing prices for wheat even though spikes in corn and wheat prices that we've seen have been largely due to weather factors. but demands are the pressure, as well. >> for anyone trying to figure out what's going organization how sustainable are the inflation rates and are they not going to fall precipitously as the fee hikes come out. >> there will be, but if you look at the university tuition fees, that will be there for three years. it's not just something that will disappear in 12 months time. and that's an important point because when the bank of england presents it inflation forecast tomorrow, it will have to count those increases in fee as a medium term inflation pressure. they'll be there throughout the entirety of hair projections this time around. and then that has some effect on the policy making decisions.
periods is signs of global demand growth and we're seeing that very visibly from petrol price and other energy price increases. but to a certain extent as well, the food price increases which we're beginning to see, and likely to see more of reflect changinged food presences, increasing prices for wheat even though spikes in corn and wheat prices that we've seen have been largely due to weather factors. but demands are the pressure, as well. >> for anyone trying to figure out what's going...
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Nov 15, 2012
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cpi and food energy not affected yet though there does tend to be a pop in prices after big storms like this. it is the philly fed survey that well underperformed where i think we may be seeing a lot of this. there could be some utility output in the year. there could be a whole bunch of businesses shut down and some of it what we don't know is we were accelerating the economy into the election and some of the chain store sales might have dropped off just before sandy came in. and then we seem to be getting an effect certainly in the retail sector, in cars we know. now labor. it's going to be a couple months before this washes out, pardon the pun. >> thank you, steve leisman. simon? >>> it is a busy day, tyler. lawmakers on capitol hill have released their highly anticipated report on the collapse of mf global and jon corzine's role within that. kayla tausche has the very latest. >> simon, a year in the making that 97-page report authored by the republicans on the house oversight subcommittee hardly minces words in singling out former senator jon corzine, as well as mf global's rating a
cpi and food energy not affected yet though there does tend to be a pop in prices after big storms like this. it is the philly fed survey that well underperformed where i think we may be seeing a lot of this. there could be some utility output in the year. there could be a whole bunch of businesses shut down and some of it what we don't know is we were accelerating the economy into the election and some of the chain store sales might have dropped off just before sandy came in. and then we seem...
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Nov 20, 2012
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in the meantime, while clean energy fuel, clne, is attempting to build out a network of stations, they only cover a tiny fractions of our roads. there are just 600 public compressed natural gas stations in the country. guess how many gas stations there are. give up? 120,000. the engines are underpowered. you can't fit 250 miles of a natural gas in the truck. diesel lets you go 500 miles. that is probably enough of a deal breaker that even though you have a one year pay back, the infrastructure is suboptical. garbage trucks are the biggest adopters. waste management and republic. they have fleets of trucks in cities that are all short haul. they can fill them up at night. in part because the particular cutback is so significant they use nat gas. other than garbage, bust. how about cars? as disappointing as trucks have been, autos, they're a disaster. the reason? first, we don't have many cars that can take natural gas. my talks with the major auto companies made it clear there is no demand for the cars which are more expensive than gasoline powered models. that's what the car industry i
in the meantime, while clean energy fuel, clne, is attempting to build out a network of stations, they only cover a tiny fractions of our roads. there are just 600 public compressed natural gas stations in the country. guess how many gas stations there are. give up? 120,000. the engines are underpowered. you can't fit 250 miles of a natural gas in the truck. diesel lets you go 500 miles. that is probably enough of a deal breaker that even though you have a one year pay back, the infrastructure...
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Nov 12, 2012
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they own the energy industry. the energy business has been developing natural gas infrastructure very quickly because they've got some certainty. in this country, certainty is hard to come by these days. lots of uncertainty. i think that we're going to see continued kind of ups and downs as people look at should we be investing billions of dollars in infrastructure until the products are there? of course, the automotive guys are going, wow, we can't invest in new product until we see the fuel or the fuel stations. so, yeah, it's a bit of back and forth here. i'm convinced that it's going to be a very robust transition to have natural gas here and in other parts of the world. china is ahead. but we'll catch up. >> all right. the quarter was not good. do you that i link quarter decline will be stemmed by the fact that you have long haul engines coming out in 2013 that might turn the momentum around for the quarterly numbers? >> yeah. i think we're caught a bit because last year third and fourth quarter were great gr
they own the energy industry. the energy business has been developing natural gas infrastructure very quickly because they've got some certainty. in this country, certainty is hard to come by these days. lots of uncertainty. i think that we're going to see continued kind of ups and downs as people look at should we be investing billions of dollars in infrastructure until the products are there? of course, the automotive guys are going, wow, we can't invest in new product until we see the fuel...
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Nov 17, 2012
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we skpd the department of energy about this. here's what they said. they said the energy department takes its responsibility to be good stewards of the taxpayers' money very seriously. funds are only disbursed to a company for work already completed toward the ultimate goal of the department's grant. and larry, i should say that this was a grant for work that had already been completed. the invoice following the work and the payment following that. so the work had been done well in advance of the bankruptcy date but nonetheless awkward politically at least that the check arrived on the same day the company went bankrupt. >> many thanks to eamon javers. general david petraeus testifying for congress now says he knew almost immediately that the september 11th attack on benghazi was a terrorist attack. but that is a 180 degree flip-flop turn of his prior testimony back on september 14th. why is this? americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for thei
we skpd the department of energy about this. here's what they said. they said the energy department takes its responsibility to be good stewards of the taxpayers' money very seriously. funds are only disbursed to a company for work already completed toward the ultimate goal of the department's grant. and larry, i should say that this was a grant for work that had already been completed. the invoice following the work and the payment following that. so the work had been done well in advance of...
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Nov 14, 2012
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top ceo are coming here to the white house to meet with the president, anything from walmart to duke energy to ursula burns of xerox and nine others. they will gather up, they will huddle up and exchange ideas to try to find a fix for the fiscal cliff. the question is, how much is the president willing to give on spending cuts, how much is the gop willing to perhaps give on tax increases and revenue enhancements, and what will the ceos say, ask and demand? eamon javers here also at the white house as we have full team coverage and he has got the ceo part of the story. >> brian, i think one of the key questions going into this ceo meeting as we wait their arrival on the north lawn of the white house is how do these ceos react to the more than $1 trillion figure now that's been floated by the white house for new tax revenues, is that something that they find dismaying, that they feel like they can't even start the negotiations with a number that big? remember that the negotiations last year between boehner and obama really focused on $800 billion figure. now the white house is floating a much
top ceo are coming here to the white house to meet with the president, anything from walmart to duke energy to ursula burns of xerox and nine others. they will gather up, they will huddle up and exchange ideas to try to find a fix for the fiscal cliff. the question is, how much is the president willing to give on spending cuts, how much is the gop willing to perhaps give on tax increases and revenue enhancements, and what will the ceos say, ask and demand? eamon javers here also at the white...
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Nov 20, 2012
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. >> i want to know about duke energy. >> i think that 5% field is terrific. let's go to shaladr area in ohi. >> i was trying to find out if western union would you see that as a buy or sell? >> no, i will tell you why. that was one of the most disturbing conference calls. let's go to art. my stock is gihu reported a terrific quarter again yesterday and i wonder what you shout. >> there are a lot of chinese companies, buy the fxi. that is what my trust has been buying. we believe that china has been making a major turn. let's go to jeanette in florida. i would like to know what you think of amcc. >> way too at the mercy of the big buyers of the technology. that thing blows in the wind of whether the big guys need equipment or not. >> let's go to michael. >> cim what are your thoughts? don't buy. >> let's go to sal in florida. how about you? >> thank you. i have stock that goes up and down. csco. >> listen sunshine, that quarter was terrific. i think you should buy buy by it. ben in texas ben. >> university of texas booyah to you. >> hook em, what's up? >> grad
. >> i want to know about duke energy. >> i think that 5% field is terrific. let's go to shaladr area in ohi. >> i was trying to find out if western union would you see that as a buy or sell? >> no, i will tell you why. that was one of the most disturbing conference calls. let's go to art. my stock is gihu reported a terrific quarter again yesterday and i wonder what you shout. >> there are a lot of chinese companies, buy the fxi. that is what my trust has been...
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energy. then you can export more oil so you know we're putting three hundred million dollars into russia or into trying to. invest in companies that come up with good ways of saving energy but nothing in particular right now that you can mention that's the virgin green field which we're going to start from from today but we'll be looking at mobile phones we'll be looking at quite a lot of other investments as well last question very briefly. look if i get regretted anything i'd be a very sad person i mean i've just had the most incredible. lots of adventures. i live in and. created three other companies just had a blast is surrounded by wonderful people. been married to the same lady. great children. their regrets. for yourself have faced a number of times especially on your travels on a hot air balloon race across the ocean what made her own for and over again i can imagine must have been so painful for your family as well the amount of could find out soon probably of rights and i love the c
energy. then you can export more oil so you know we're putting three hundred million dollars into russia or into trying to. invest in companies that come up with good ways of saving energy but nothing in particular right now that you can mention that's the virgin green field which we're going to start from from today but we'll be looking at mobile phones we'll be looking at quite a lot of other investments as well last question very briefly. look if i get regretted anything i'd be a very sad...
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Nov 13, 2012
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domestic, abundant, clean energy to power our lives... that's smarter power today. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >>> welcome back. coming up on halftime, trading the tech wreck. apple's in a slump. now microsoft's sagging. what's going on with the biggest sector in the market? >>> congress is back to work. we chart a road map to a deal on the fiscal cliff. >>> and as retail earnings flood the street, which stocks are worth buying? we've got the list of names you want to know. carl, top of the hour. >> all right, scott. see you in a few moments. >>> meantime, time for another capital markets op-ed. gary, i know you're pay attentiing attention to how the long island power authority story is evolving here in new york. it's amazing to watch. >> yeah, sorry, we didn't have the camera ready. tim, when he tosses to me, we've got to be ready. >> wherever you go, there's no light. that's all i know. >> you know, some pe
domestic, abundant, clean energy to power our lives... that's smarter power today. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >>> welcome back. coming up on halftime, trading the tech wreck. apple's in a slump. now microsoft's sagging. what's going on with the biggest sector in the market? >>> congress is back to work. we chart a road map to a deal on the fiscal...
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and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective too on what's happening in europe be sure to stay with us but first your closing market numbers. speak your language. programs and documentaries in arabic it's all here on our team reporting from the world talks about six of the r.p. interviews intriguing story so you. can try to see arabic to find out more visit our big don't all t.v. dot com. browser. see centers on looks like. this it's in. day care my daddy my a lot of dos and. does a famous reuse dance and play was oh my saved and does my mommy ransom business. resistance is not a politics but a cultural. this could. some. cultures over existence on marching to. download the official location to cell phone language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device to watch ati any time. and from greece to spain and italy and the rest of the eurozone
and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective too on what's happening in europe be sure to stay with us but first your closing market numbers. speak your language. programs and documentaries in arabic it's all here on our team reporting from the world talks about six of the r.p. interviews intriguing story so you. can try to see...
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and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective to want what's happening in europe be sure to stay with us but first your closing market number. two the. science technology innovation all the developments around russia we've got the future covered. brightened. from plans to. start on t.v. . this was the plan that was responsible for causing the world's worst industrial disaster and now it had been abandoned in a condition where it had become a source of pollution of the most recent study that was done shows that this water pollution and spreading. more than hundred thousand people in. groups welcome and. more likely to be born with birth defects and children. in the sea as little as five hundred dollars. unpunished. politics culture. is couldn't. sign on its own. cultures of resistance. on the marketing. and from greece to spain and italy and the rest of the eurozone and us to here in the west because the eurozon
and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective to want what's happening in europe be sure to stay with us but first your closing market number. two the. science technology innovation all the developments around russia we've got the future covered. brightened. from plans to. start on t.v. . this was the plan that was responsible for...
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and still ahead move over saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective too on what's happening in europe be sure to stay with us the first your closing market numbers. oh hello oh oh. oh oh oh oh. oh so little odd little. odd. thank god. do we speak your language. or music programs and documentaries in spanish matters to you breaking news a little turn to bangalore kim's stories. are you here. to enjoy it all to spanish find out more visit. and from greece to spain and italy and the rest of the eurozone and us to here in the west because the eurozone is so impactful has the crisis been contained or is contagion still a concern for the periphery in europe and looking to the u.s. with concern over the fiscal cliff dominating headlines does a forecast about the u.s. as energy outlook represent tailwind well joining us from our new york studio is peter chere founder of t.f. market advisors so thank you so much were it's so nice to get a br
and still ahead move over saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective too on what's happening in europe be sure to stay with us the first your closing market numbers. oh hello oh oh. oh oh oh oh. oh so little odd little. odd. thank god. do we speak your language. or music programs and documentaries in spanish matters to you breaking news a little turn to...
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Nov 14, 2012
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manufacturing driven by very low energy prices. we're self-sufficient energy for the first time in years. another company like ppg, they really own the coatings business, about 70% of revenues from coatings, they're growing 4% to 6% organically and end the year with $2.5 billion in cash. they just sold their business, another $1 billion, that $3.5 billion in cash, 60% go to grow the business, 40% return to shareholders. you've got 5%, 6% top line, 10%, 12% net income growth with stock buy back and dividend going up 15% a year. you get 2% while you wait. if things -- if we don't do it on a fiscal cliff and things get worse, not going to get hurt. >> where did you buy comcast? >> comcast we've owned for a couple of years. that's another one that has morphed into a return of capital story. when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're try
manufacturing driven by very low energy prices. we're self-sufficient energy for the first time in years. another company like ppg, they really own the coatings business, about 70% of revenues from coatings, they're growing 4% to 6% organically and end the year with $2.5 billion in cash. they just sold their business, another $1 billion, that $3.5 billion in cash, 60% go to grow the business, 40% return to shareholders. you've got 5%, 6% top line, 10%, 12% net income growth with stock buy back...
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Nov 13, 2012
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southwestern energy is up as a result. stocks up 3%. joey, what's the best way to play the space right here, right now? >> i'm playing it through a name, swn is the ticker symbol. you can also play psd and you can play eog. i think it's important to understand, natural gas spot prices have remained rather resilient for the last couple of weeks. now you've got some cold weather coming forth, and on thursday, the potential is there that you'll actually have your earliest withdrawal from inventories since 2007. >> well, it is the issue on the mind of every investor these days. that, of course, the fiscal cliff. and as lawmakers return to work today to try to hammer out a compromise, our own eamon javers lays out what a road map to a deal might look like. he joins us live from washington no now, eamon. >> reporter: the heads of most of the major progressive groups are in a meeting with president obama now. it started a little over a half hour ago. and this morning i talked to some of the labor leaders and they told me the message they plann
southwestern energy is up as a result. stocks up 3%. joey, what's the best way to play the space right here, right now? >> i'm playing it through a name, swn is the ticker symbol. you can also play psd and you can play eog. i think it's important to understand, natural gas spot prices have remained rather resilient for the last couple of weeks. now you've got some cold weather coming forth, and on thursday, the potential is there that you'll actually have your earliest withdrawal from...
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Nov 15, 2012
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energy leading the way. utilities and telecom is performing the worst. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. they optimized our data center and got us on the cloud. they even sent tour champion, paula creamer, to help with charles' swing. maybe don't do that. that's not good. no! his job isn't to look good. it's to make the clients look good. oh my goodness! i can't help you. that's what i thought. >>> welcome back to third hour of "squawk on the street." always one of my favorites. i have a favorite guest. james coutoules. he's been active trying to get all the money back for m.f. investors. today the subcommittee's report on m.f. was completed. james, i read at least the early parts of the report that were out yesterday and it certainly does seem as though they're not very kind to how john corzine led this firm down the road to destruction. your thoughts? >> i agree completely, rick. th
energy leading the way. utilities and telecom is performing the worst. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. they optimized our data center and got us on the cloud. they even sent tour champion, paula creamer, to help with charles' swing. maybe don't do that. that's not good. no! his job isn't to look good. it's to make the clients look good. oh my goodness! i can't help...
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Nov 19, 2012
11/12
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telecoms and utilities and energy. does today's rally change the way you view the markets? >> if you look friday morning when apple was at 504, apple is proxy for the market now. we talk about it as a stock of sentiment having nothing to do with what is happening in the company and how it changed ichb three hours and today another 37 billion dollars. another is going on in the company that is warranting those shifts. it is all sentiment. i think there is more to go. we did sell a little bit. bmw we held for a while and went back to its may levels. we sold some of that but i bought some of our hedge back. i think we could see a few more days of this. i'm not jumping in with two feet to buy into this rally. >> let's bring in dennis the editor of the letter. he joins us now. always good to see you. >> always good to be seen. >> this morning in your newsletter you wrote that you were embracing equities. is this a long embrace or a brief one? >> this is probably a flirtation. flirtation can sometimes lead to love. i was very uninterested in equities for the past two and a half w
telecoms and utilities and energy. does today's rally change the way you view the markets? >> if you look friday morning when apple was at 504, apple is proxy for the market now. we talk about it as a stock of sentiment having nothing to do with what is happening in the company and how it changed ichb three hours and today another 37 billion dollars. another is going on in the company that is warranting those shifts. it is all sentiment. i think there is more to go. we did sell a little...
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look at energy. look at private cultivation. look at texas. look at oklahoma. look at north dakota. they're creating jobs. then look at the epa. certainly growth is the only way out. we talk about cutting spending. we're not even cutting the baseline. we're cutting the growth in spending. >> what about jim's point of view that the deficit as a percentage of gdp is declining? >> i don't believe his math. i see trillion-dollar deficits for the last several years. i see us fighting over 2, 3, or 4 trillion over ten years when we still have a trillion every year for the last three. it doesn't add up. i don't know what jim is looking at. >> well, it's not my number. it's numbers from the government itself. >> that's good. >> the big decision you have to make when you apply fiscal austerity is how fast and how aggressive do you apply it while trying to improve the deficit but also maintain and not hamper the recovery or end the recovery. i would ask rick and everyone this, the question you have to ask yourself, who's best equipped to make that decision? is it a bunch of elected officials
look at energy. look at private cultivation. look at texas. look at oklahoma. look at north dakota. they're creating jobs. then look at the epa. certainly growth is the only way out. we talk about cutting spending. we're not even cutting the baseline. we're cutting the growth in spending. >> what about jim's point of view that the deficit as a percentage of gdp is declining? >> i don't believe his math. i see trillion-dollar deficits for the last several years. i see us fighting...
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and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective to want what's happening in europe be sure to stay with us the first your closing market numbers. here is mitt romney trying to figure out the name of that thing that many americans call i don't know. i'm sorry i'm just a dog here is an awful lot of money for you sir are you know what that is my other terrorist cells in your neighborhood want us to defeat terrorism the only people in the christian. beliefs of others. who knows what we're going to distract us from what you and i should care about because they're profit driven industry that sells a sensationalistic garbage he calls it breaking news i'm having martin and we're going to break this but. the. and from greece to spain and italy and the rest of the eurozone and us to here in the west because the eurozone is so impactful has the crisis been contained or is contagion still a concern for the periphery in europ
and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective to want what's happening in europe be sure to stay with us the first your closing market numbers. here is mitt romney trying to figure out the name of that thing that many americans call i don't know. i'm sorry i'm just a dog here is an awful lot of money for you sir are you know what that...
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and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective on what's happening in europe be sure to stay with us but first your closing market number. this was the plant that was responsible for causing the world's worst industrial disaster and now it had been abandoned in the condition where it had become a source of pollution of the most recent study that was done shows that this water pollution and spreading. continued to be the more than hundred thousand people it's been chronically in. groups looking at the fact that children see that children in bhopal to be ten times more likely to be born with birth defects than children in the rest of the country. being received as little as five hundred dollars for a lifelong disease and. unpunished. and from greece to spain and italy and the rest of the eurozone and us to here in the west because the eurozone is so impactful has the crisis been contained or is contagion still a c
and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective on what's happening in europe be sure to stay with us but first your closing market number. this was the plant that was responsible for causing the world's worst industrial disaster and now it had been abandoned in the condition where it had become a source of pollution of the most recent...
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Nov 19, 2012
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shares of one energy company hitting a new high. let's send it over to kayla tausche at hq with a quick market flash for us. >> that name is cabin oil and gas. cog. it was up 3.5%. now up by 82 cents. and pretty good trade for the day. look at it this year. it tracked natural gas closely and has exposure to natural gas and recent rally is a reason why we see it up today. back to you guys. >> thank you so much. when we come back, what can brown do for your holiday shopping? last year u.p.s. delivers 480 million packages between thanksgiving and christmas. will they beat that number this year? we'll find out with the president of their u.s. ops joins us next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what hap
shares of one energy company hitting a new high. let's send it over to kayla tausche at hq with a quick market flash for us. >> that name is cabin oil and gas. cog. it was up 3.5%. now up by 82 cents. and pretty good trade for the day. look at it this year. it tracked natural gas closely and has exposure to natural gas and recent rally is a reason why we see it up today. back to you guys. >> thank you so much. when we come back, what can brown do for your holiday shopping? last year...
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Nov 12, 2012
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we needed more fun and energy, oprah needed to be on more often. oprah came on the network in the beginning of january and we had been on the air already for almost a year. >> she wishes she would have been on from the get-go. >> even if she was, it still would have taken. you have to make your mistakes, your stumbles, learn from it and move forward. when oprah is on own, we're usually a top five network in america, we also have "sweetie pies" a lot of talk characters during the day but the length of view is about 90 minutes so people are spending a lot of time with it. >> that's so important. >> the network is one of the fastest growing cable networks in america. >> that was going to be my question it's a pure cable play which you'd like to have because of the dual revenue stream but it's difficult to be in cable channel play if all your channels stink. if you do, then you have something and it becomes international now, that's what you're doing. >> when i got to discovery we had 13 channels in the u.s. and six channels in 00 countries around the
we needed more fun and energy, oprah needed to be on more often. oprah came on the network in the beginning of january and we had been on the air already for almost a year. >> she wishes she would have been on from the get-go. >> even if she was, it still would have taken. you have to make your mistakes, your stumbles, learn from it and move forward. when oprah is on own, we're usually a top five network in america, we also have "sweetie pies" a lot of talk characters...
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one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> for two days the new york stock exchange was dark after the wrath of superstorm sandy. our next guest is speaking out on ways he thinks the markets can be better prepared for the next crisis. cftc commissioner bart chilton joins us with his proposals. what do you think happened here? >> quickly, this isn't life or property with sandy so everybody feels for that, but i think what happened is the systems weren't tested appropriately becky and when something happens in the equities market it affects the financial futures also and these are global interconnected markets, so they had a system, a backup system. >> the electronics syst
one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> for two days the new york stock exchange was dark after...
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Nov 14, 2012
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producer prices are expected to rise .2% and by .1 when you strip out food and energy. then at 10:00 a.m., september business inventories released. at 2:00 p.m., we'll get the minutes from last month's fed meeting. on the corporate front, abercrombie & fitch, staples and tyco all report results before the bell. we'll hear from limited brands, netapp, and williams-sonoma before the close. >>> some of the recent banks have come under threat, victims of cyber attacks in september that cause blackouts. an iranian group took credit for those attacks. our next guest says we should expect more of this as hackers get more sophisticated. daniel has identified a few stocks that may benefit from the rise in online security threats. hi, dan. >> hello. >> thanks for joining us. go ahead. >> i just say cyber security -- i mean, this is a big area in technology. the threats are not going to be -- as you've seen on the bank front, despite a tough ip spending environment, security continues to be a high priority, and i think there's a number of stocks that really benefit from the trend.
producer prices are expected to rise .2% and by .1 when you strip out food and energy. then at 10:00 a.m., september business inventories released. at 2:00 p.m., we'll get the minutes from last month's fed meeting. on the corporate front, abercrombie & fitch, staples and tyco all report results before the bell. we'll hear from limited brands, netapp, and williams-sonoma before the close. >>> some of the recent banks have come under threat, victims of cyber attacks in september that...
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and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective too on what's happening in europe be sure to stay with us but first your closing market number. download the official publication so choose your language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device to watch on t.v. any time any of the be. publishers that so much money on the commercial comes on again all of them so here's a little bit day of fiscal reckoning is almost upon us by the end of this year the president of the united states and congress must come to some kind of toxins. and from greece to spain and italy and the rest of the eurozone and us to here in the west because the eurozone is so impactful has the crisis been contained or is contagion still a concern for the periphery in europe and looking to the u.s. with concern over the fiscal cliff dominating headlines does a forecast about the
and still ahead move over at saudi arabia the international energy agency says the u.s. will be the biggest producer of oil in just five years i'll talk about it with peter chair and we'll get his perspective too on what's happening in europe be sure to stay with us but first your closing market number. download the official publication so choose your language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device to watch on t.v. any...
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feat that features huge demand increased by very very determined drivers and flyers and consumers of energy who want in that they want the things that we have at the same time the world has had trouble in growing in increasing oil supply as a result the spare capacity amount of spare oil that can be quickly produced by opec that in the past has acted as a cushion. that if that is gone and that is nearly gone it's very low it's only two million barrels two and a half million barrels a day so in any way could even ron as well as major oil companies be benefiting from the tension around iran that could be driving up oil prices countries and companies that sell oil benefit when the price goes up and so for rondo it's a mixed bag because while on the one hand the price of its crude oil that it's able to sell is higher because of these supply demand factors i mentioned as well as geo political risk premium that gets added on to the price of oil on the other hand as i mentioned their exports are down by a half down from two point two million barrels a day to a million barrels a day or even less so
feat that features huge demand increased by very very determined drivers and flyers and consumers of energy who want in that they want the things that we have at the same time the world has had trouble in growing in increasing oil supply as a result the spare capacity amount of spare oil that can be quickly produced by opec that in the past has acted as a cushion. that if that is gone and that is nearly gone it's very low it's only two million barrels two and a half million barrels a day so in...
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Nov 14, 2012
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we doubled the production of clean energy which promises to reduce the utilization of fossil fuels for power generation. and we continue to invest in potential break-through technologies that could further remove carbon from our atmosphere. but we haven't done as much as we need to, so what i'm going to be doing over the next several weeks, next several months, is having a conversation, wide ranging conversation, with scientists, engineers, and elected officials to fine out what can -- what more can we do to make short-term progress in reduce i reducing carbons, and then working through an education process that i think is necessary, a discussion, a conversation across the country about what realistically can we do long term to make sure that this is not something we're passing on to future generations that's going to be very expensive and very painful to deal with. i don't know what either democrats or republicans are prepared to do at this point because this is one of those issues that's not just a partisan issue, i also think there are regional differences. there is no doubt that fo
we doubled the production of clean energy which promises to reduce the utilization of fossil fuels for power generation. and we continue to invest in potential break-through technologies that could further remove carbon from our atmosphere. but we haven't done as much as we need to, so what i'm going to be doing over the next several weeks, next several months, is having a conversation, wide ranging conversation, with scientists, engineers, and elected officials to fine out what can -- what...
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Nov 20, 2012
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we're going to get a report from the energy department tomorrow about crude supply situation. it's expected to show an increase for the week. we're also going to get tomorrow the supply situation for natural gas, a day early because of the thanksgiving holiday. >> all right, sharon. thanks so much. meanwhile, shares of consumer electronics retailer best buy down again today. down about 13% today alone after a massive earnings miss. this, even though best buy's new ceo, says he's optimistic. here's what hubert jolie told me last week. >> we're pretty excited. we have a lot of products coming on to the market. the apples products, windows 8. a lot of great releases. the associates are very ready to work with customers. we're turning the table on showrooming with price matching. we're ready for the holidays. >> so are you ready? is best buy a value or should we be staying away from this stock? let's start talking numbers now. we have richard ross. on the fundamentals side, jeff pillburg with killer capital and a cnbc contributor. good to see you, gentlemen. rich, walk us through
we're going to get a report from the energy department tomorrow about crude supply situation. it's expected to show an increase for the week. we're also going to get tomorrow the supply situation for natural gas, a day early because of the thanksgiving holiday. >> all right, sharon. thanks so much. meanwhile, shares of consumer electronics retailer best buy down again today. down about 13% today alone after a massive earnings miss. this, even though best buy's new ceo, says he's...
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Nov 15, 2012
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department of education, energy, homeland security, interior, justice, state. in fact, it's more than we spend at all of them combined. maria, if we do nothing, by the year 2020, we'll be spending over $1 trillion a year on interest cost alone. that's $1 trillion we can't spend in this country to educate our kids or to rebuild our infrastructure or to do high-valuated research. unfortunately, it is $1 trillion that's going to be spent in those countries we're borrowing from. we'll be building the infrastructure in asia. we'll be educating those kids over there. it means we'll be building their universities so the research is done over there so the next new thing is created over there so the jobs of the future are there, not here. that's crazy. >> i think i know the answer to this next question, but i mean, what is a better outcome for the long-term fiscal health of the country? kicking the can down the road or leaving the status quo on spending and taxes or going over the fiscal cliff? i mean, do we need to go over the fiscal cliff with the four spending cuts a
department of education, energy, homeland security, interior, justice, state. in fact, it's more than we spend at all of them combined. maria, if we do nothing, by the year 2020, we'll be spending over $1 trillion a year on interest cost alone. that's $1 trillion we can't spend in this country to educate our kids or to rebuild our infrastructure or to do high-valuated research. unfortunately, it is $1 trillion that's going to be spent in those countries we're borrowing from. we'll be building...
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Nov 13, 2012
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boone pickens owns 22% of cheap energy. by the way, the ceo will be on with "mad money" and jim cramer tonight, 6:00. >>> green briar companies, rail car and bargemaker that stock higher. carl eye can taking another shot, up veiling a 9.99% stake, paid about $40 million for 2.7 million shares. says they are undervalued, intends to discuss possible strategic opportunities, second time around, folks. back in feb of '08, bought a big stake in the company. by the way, the stock was $10 a share higher then. dick's sporting goods, better-than-expected earnings, rose 21%. raising the full-year forecast, host hotels hired, by the way, both at stocks higher year-to-date. al ber marrow companies, raising the ratings to buy from a neutral target raise from 67 to 62. says even with a flattish sales outlook, strength its catalyst and fine chemical business should puss up. albee natural, goldman raising the rating of f 5 to neutral, target inching up from 104. that stock has been a laggard. goldman sees three catalysts to help accelerate
boone pickens owns 22% of cheap energy. by the way, the ceo will be on with "mad money" and jim cramer tonight, 6:00. >>> green briar companies, rail car and bargemaker that stock higher. carl eye can taking another shot, up veiling a 9.99% stake, paid about $40 million for 2.7 million shares. says they are undervalued, intends to discuss possible strategic opportunities, second time around, folks. back in feb of '08, bought a big stake in the company. by the way, the stock...
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founder and president of the rapid and group mr mcnally also served as top domestic and international energy adviser to george w. bush mr mcnally thank you very much for sitting down with r.t. today you're very welcome to be here you have said that the u.s. the e.u. and israel give a fifty fifty probability that a war with iran would happen how big of a window of opportunity still exists to prevent any military action well i think it's closing very quickly iran according to most non-plussed ration experts nuclear experts will by sometime next year be at the point where they could quickly break out and enrich enough weapons grade uranium to then later weaponize and it's the enrichment process which is the most a tech bubble and stoppable or delay of all part of building a nuclear weapon and i think there's a consensus among most folks even outside those governments most experts that iran is quickly approaching that level this is according to the reports on iran's progress so i think that's fairly well understood and i guess i would say that there is a larger concern among officials that one w
founder and president of the rapid and group mr mcnally also served as top domestic and international energy adviser to george w. bush mr mcnally thank you very much for sitting down with r.t. today you're very welcome to be here you have said that the u.s. the e.u. and israel give a fifty fifty probability that a war with iran would happen how big of a window of opportunity still exists to prevent any military action well i think it's closing very quickly iran according to most non-plussed...
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Nov 15, 2012
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. >>> the energy markets on high alert on a major escalation in tensions between israeli and syrian forces. a possible ground offensive. the region is a global flash point that's seen revolution and civil war over the past couple of years. for more on this story, let's bring in george friedman. thanks so much for coming by. we appreciate it. >> pleasure. >> it does seem to be a lot of sabre rattling there between the ground forces moving closer to the border and the israeli defense minister saying that palestinian militants will, in fact, pay for the blood that was shed in israel. is this sabre rattling? because the interest of israel is not to get into a real skirmish with gaza. >> the problem is that hamas now has a missile to reach tel aviv and that's unacceptable. that's a red line for israel. the israelis probably don't know how many they have. they don't know where they're located. therefore the attack is very complicated. you can't do frit the air. you'll have to go in on the ground. it's going to be bloody and miserable. the israelis would rather not do that. the palestinians want
. >>> the energy markets on high alert on a major escalation in tensions between israeli and syrian forces. a possible ground offensive. the region is a global flash point that's seen revolution and civil war over the past couple of years. for more on this story, let's bring in george friedman. thanks so much for coming by. we appreciate it. >> pleasure. >> it does seem to be a lot of sabre rattling there between the ground forces moving closer to the border and the israeli...
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Nov 20, 2012
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these include consol energy, which he thinks has been hurt by the shale gas explosion that has, not literal explosion, but the amount hurt the producer, coin star, obsolete because people aren't buying dvds. petrobras, a china play and then also, on his list, australia's fortescu metals group. a keep named yesterday, another big iron ore producer, shorted that, and san tender, short on the troubles of the national balance sheet of spain. knew about the problems with the fee and autonomy a long time ago and thank jim chanos for that. >> absolutely august big conference, very successful, thank you so much, john. >> all right, tyler, over to you. >> thanks. >>> when we come back, the former ceo and board chairman at intel, craig batter exwill weigh in on lots of topics from hewlett-packard to the fiscal cliff to the crisis in american education. that's coming up. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only th
these include consol energy, which he thinks has been hurt by the shale gas explosion that has, not literal explosion, but the amount hurt the producer, coin star, obsolete because people aren't buying dvds. petrobras, a china play and then also, on his list, australia's fortescu metals group. a keep named yesterday, another big iron ore producer, shorted that, and san tender, short on the troubles of the national balance sheet of spain. knew about the problems with the fee and autonomy a long...